sports betting, skilled base or luck base?

[Distinctin]

My personal take on this one is that sports betting is that it’s skill-based...

I think if I just work on my skills, I can turn a profit eventually, yep, "eventually" is the trick word here. But after more than five years of sports betting, I'm still not making money. Now I'm wondering: is sports betting really about skill, or is it just luck? If it's about skill, maybe I just haven't got what it takes, and I'm just riding on luck.

What do you think about this topic?

Based on your experience, is it primarily luck, or do you still believe it’s skill-based, even if you haven't proven yourself yet?

[kotajikikox]

I think if I just work on my skills, I can turn a profit eventually, yep, "eventually" is the trick word here. But after more than five years of sports betting, I'm still not making money.

Mate maybe your skills aren’t that good then lol.

After 5 years of not making any money, by now you already should have reevaluated yourself and your strategy to see where you are going wrong and what can you do to improve. If after 5 years, you continued with the same losing strategy then that is on you.

Based on your experience, is it primarily luck, or do you still believe it’s skill-based, even if you haven't proven yourself yet?

It’s skill based but do not say no to a bit of luck, it could change a lot of things.

If you have not proven yourself yet then it only means you can do better next time so try to do that and hope for some luck but don’t completely depend on it alone.

[freedomgo]

There's really no specific definition as it really depends on how you see it. For me, sports betting is all about skill. Otherwise, I would have stopped long ago because if I thought it was just luck, I'd lose my passion. Like you, I'm not a winner after many years of gambling, but that doesn't change my view. I still bet, believing that one day I'll crack the formula for consistent profit.

[Hirose UK]

Skills will include many things such as the use of knowledge and also how to predict by carrying out an overall analysis of each team or player in sporting match itself, with his skills when they cannot determine what choice is worth betting on then the results will not be optimal.
Luck will indeed influence betting results too but not so dominantly and if you haven't made money from sports betting for several years maybe you haven't learned from experience and made improvements so you can get the right predictions and increase you chance of winning, sports betting looks very easy but it not everyone will be able to truly profit from sports betting.

[Kelward]

In summary I'd say that sports bet requires skills to predict matches and some level of luck to win. You can't remove the luck factor from gambling, despite your well thought-out strategy you can still lose so it takes skill and luck to win in sports bet. I don't know if OP has been on a losing streak for years or just that his loses are greater than his wins. If it's the former, then he might consider changing strategy or taking a break, if it's the latter, it's a normal thing because most gamblers loses more than they win on the long run. We shouldn't put too much expectations on winnings in gambling, try to have fun while engaging in it and take wins when it comes.

[Don Pedro Dinero]

My personal take on this one is that sports betting is that it’s skill-based...

<...> But after more than five years of sports betting, I'm still not making money. <...>

What is happening to you is not so rare. Even if it's a skill game more than 90% of people who bet are long-term losers. And it has to do not only with knowing how to bet, but also with managing psychological aspects such as coping well with bad streaks and bankroll management. Obviously there is a luck factor that takes precedence over everything else in the short term. Normally successful bettors find a niche in a sport or league that is not one of the most popular and exploit it, perhaps that is your failure. If you bet on the Premier League, for example, it's going to be almost impossible to make a profit.

[danherbias07]

It's a combination of luck and analysis. Not skill. Analysis ain't a skill in my opinion because anyone can do it.

Now, we are not making 100 percent accurate predictions when we do that. The chances of losing are still high even though we are betting for the heavy favorite. We are doing the analysis to increase our chance of winning. Using records, history, winning rate, players, coaches, and more.
Let's take one for example in the NBA. If you will bet for the Cavaliers all the way with 39 wins and 9 losses you might still be in profit even though they will just give 1.40x - 1.50x odds. Now, the spreads are where it gets tricky because greed will come out and we want a higher profit. I think that is where it goes all wrong and that's why we lose most of our bets.

[LogitechMouse]

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What do you think about this topic?

Based on your experience, is it primarily luck, or do you still believe it’s skill-based, even if you haven't proven yourself yet?

Hmm, I don't know, but maybe you don't have enough information towards these teams, these players, how often they get injured, how often they play, etc. etc. TBH, I think it isn't skills base or luck base, but more of knowledge based.

More knowledge about the sport, the team and the players will make more analysis much easier hence better chances of winning a bet. I don't know, but it's just how I see sports betting that's why I'm not betting on sports like Soccer, or Football, or even in MMA unless I don't know both fighters. I have more success in betting in basketball although in the end, I still lose which is kind of funny.

Well, you said that you've been betting for 5 years now, and based on statistics, gamblers who are gambling for that span of time has more losses than wins. I guess it's time to bet on teams that has an almost 100% chances of winning then. Maybe make some experiment on it.

[ryzaadit]

You have the knowledged for the things you are betting, and betting by statistic or data.

It's based skilled, cause sportbets is one of the sectors gambling can be used to wins against house. That's why sportbets is having restricted, especially for someoenw who are sharp they will limited your bet size.

Same ways for BJ for a player can count the card, even we all know they still can loses some money.

[rodskee]

how many times are we going to talk about this? i feel like people are just using different words like this thread: Knowledge or Luck used the word knowledge vs luck i am sure there are other threads asking whether which one is more important strategy or luck or something similar

and in sports betting the answer will never be luck because unlike casino games, sports can be predicted by the factors at play which are the athletes with reliable performance data if a team or an athlete is historically bad then you can expect that as much but if they are historically good then you can also expect that much

if you decide to go against performance but by miracle you still win then that is because of luck but that would not come all the time

[Cityhunter34]

Actually sports betting is a game of luck, but that doesn't mean that a gambler wouldn't do his own research before placing a bet. Already we all know that gambling is a game of luck but at least as a good gambler you need to acquire some skill with proper research first before betting, and leave the rest for luck. why most gamblers normally find it difficult to win is because they always rely on luck, without noing that you would do your best first before relying on luck.

[Taskford]

My personal take on this one is that sports betting is that it’s skill-based...

I think if I just work on my skills, I can turn a profit eventually, yep, "eventually" is the trick word here. But after more than five years of sports betting, I'm still not making money. Now I'm wondering: is sports betting really about skill, or is it just luck? If it's about skill, maybe I just haven't got what it takes, and I'm just riding on luck.

What do you think about this topic?

Based on your experience, is it primarily luck, or do you still believe it’s skill-based, even if you haven't proven yourself yet?

Sports betting need analyzation and it need a lot of time to familiarized the teams players also the overall stats they provided to know which of them have higher chance to win. To many ways to increase our chances to win and to know on where to research those information is somehow a skill since provably not everyone can exert extra efforts to know more about the team they are going to bet. Also there's lots of interesting post that tackled up that sports betting is skills so lots of people agree on this since it need proper thinking to possibly increase our chance to win.

But if a bettor not going to do those important things before betting I guess he will fall into luck based since he is just guessing on what possible result will show up.

[viljy]

Based on your experience, is it primarily luck, or do you still believe it’s skill-based, even if you haven't proven yourself yet?

The skill of the average person is to guess the intended outcome without being an insider. Thus, it is the "skill of catching luck." The result of any match (or other sporting event) is always intentional, as it is either determined by the fair play of the teams, or is the result of a match-fixing. In fact, this is also a gamble, but not against probability, but against a system that, for an external observer, functions half according to non-random "secret algorithms" and half is open to observation (for example, team statistics, matches).
For an insider, the internal structure of this system is completely transparent.

[Bitinity]

Sports betting can be said as combination of skills based game and luck based game because luck is also important in this game since even if you have great skills/knowledge about sporst, something unexpected may happen in the game which may give you unlucky bet. Your skills/knowlegde may boost your luck so you can get better winning chance compared to those who do sports betting just by "feeling". In this case, those who place sports bet just by feeling/guessing without any researches, they make sports betting as pure luck based game.

[bering]

Every gambling is luck based so if people have no luck i think it's hard for them to won from gambling even so with sport betting that skill to analysis indeed required because to gets the better result people have to analysis to predict the outcomes of the particular matches before decide to making bets but it still luck is required because sometimes the result of sport bets is unpredictable so in my opinion all of gambling games is luck based including sport betting

[_act_]

I think if I just work on my skills, I can turn a profit eventually, yep, "eventually" is the trick word here. But after more than five years of sports betting, I'm still not making money. Now I'm wondering: is sports betting really about skill, or is it just luck? If it's about skill, maybe I just haven't got what it takes, and I'm just riding on luck.

It is more about luck. That is what some people will not know. They will think they can make some analyses to win and earn money from sports gambling sites but instead they will be losing. I have seen people that are addicted on sport betting just like how it is in casinos. And they are losing money as usual. Also think about the reason sport betting sites are always making money. Sports betting site grow richer as they have more customers. That means people are losing.

[Ziskinberg]

No one can stop on however we treat sports betting as long as we gamble responsibly. Personally, I prefer sports betting over games like slots, roulette, or dice, and I'm not really into card games. I can totally relate to this topic, and I always say that sports betting is a skill-based game since you need to analyze the game and pick the winner and ensure you win most of the time. And with good bankroll management and solid skills, success will eventually follow.


Looks like everyone voted on "skilled base", its currently 4-0 in the competition..

[Dr.Bitcoin_Strange]

What do you think about this topic?

Based on your experience, is it primarily luck, or do you still believe it’s skill-based, even if you haven't proven yourself yet?

@OP, in the poll you created, I think you should have added a third option which would be, (c: luck and skill based).

Remember that sports betting doesn't just depends on your skill, if that was the case, many sports bettors would be millionaires and billionaires. Let me digress, if sport betting was so reliant on skill alone, so many experienced gamblers would have become millionaire in the sense that, they would take thousands of dollars loan to bet on a particular game because they so much believed in their skill.

I don't know if you understand my point?

If betting was based on skill and perhaps you are so confident and certain about the outcome of your prediction, then you should take like $10k loan to place a bet that could give you a potential winning of $100k. Do you get?

In sport betting, you just need to have a  good prediction skill through studying the game and it's other activities but you do not exempt luck bro, else, you're gonna learn from experience.

[btc_angela]

My personal take on this one is that sports betting is that it’s skill-based...

I think if I just work on my skills, I can turn a profit eventually, yep, "eventually" is the trick word here. But after more than five years of sports betting, I'm still not making money. Now I'm wondering: is sports betting really about skill, or is it just luck? If it's about skill, maybe I just haven't got what it takes, and I'm just riding on luck.

What do you think about this topic?

Based on your experience, is it primarily luck, or do you still believe it’s skill-based, even if you haven't proven yourself yet?

If you are not making money, then obviously, your skills is not that sharp, just saying. Or maybe your betting style as well is the one to blame, or how much money you are betting and what kind of line, are you doing parlay and targets higher odd?

So I would say that skills has something to do with winning in sports betting, definitely there is this element of luck. But if you really follow the sports that you are betting, then you can make money because you are all familiar with this sports already.

[Russlenat]

If you are not making money, then obviously, your skills is not that sharp, just saying.

I think that would justify our answer...

If we're profitable in sports betting, it means our success is skill-based; if we're constantly losing, then it's probably just luck at play. Only real gamblers truly understand this topic. When you're just reading books, you're working with theories, but in practice, things can be totally different. It's like having a strategy on paper, if you don't follow it effectively, it just won't work.